Air Malta restructuring plan reportedly includes cutting more than 500 jobs

Air Malta last week confirmed details of a long-awaited restructuring plan, which it said is needed to “to save the airline and hundreds of jobs.”

Air Malta A319. Photo: By Rob Finlayson.
Air Malta last week confirmed details of a long-awaited restructuring plan, which it said is needed to “to save the airline and hundreds of jobs.” However, as airline officials remained vague on the plan, details leaked to a national newspaper disclosed that almost 40% of KM’s workforce, or 500 jobs, will be cut.
KM’s long-time struggle for survival prompted the European Commission in November to authorize a €52 ...